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Oct 3, 2012
10/12
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and what i can tell you is our experience is we have strangled our economy. so our debt is going up, when your economy shrinks by definition your debt to gdp ratio, your debt to national income ratio goes up instead of down. >> when we come to the euro zone before i leave it, it will survive intact? >> i think it will, yes. the bad news is, it is going to muddle along, not come soaring forward. >> and to cam forward, soaring forward it has to do what? >> it has to two do two things it has to mutualize debt so the confidence we have talked about earlier. >> mutualized debt means everybody -- >> there is joint and several liability for debt in the currency zone and the truth is, greece is two percent of the euro zone economy. >> right. >> and it should never have been allowed to become a threat to the global economy, and it has become a threat to the global economy, because it is not clear the other countries of the euro -- >> paying back part of greek's debt. >> yes the short answer there is no escape from sharing the burden -- >> you are a politician in germa
and what i can tell you is our experience is we have strangled our economy. so our debt is going up, when your economy shrinks by definition your debt to gdp ratio, your debt to national income ratio goes up instead of down. >> when we come to the euro zone before i leave it, it will survive intact? >> i think it will, yes. the bad news is, it is going to muddle along, not come soaring forward. >> and to cam forward, soaring forward it has to do what? >> it has to two do...
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up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is now, he is right to say that, usually don't you hold the incumbent accountable for the economic woes we are facing? ashley: he blamed the previous president. >> to my point, if the middle class is hurting, i think you hold the incumbent accountable. i don't believe romney has proposed raising taxes on on the middle class, he is raising reckless tax cuts. that i would support. >> the answer, the argument really is who do you trust to make them better going forward? it seems the president is winning that argument. ashley: perhaps he has been very successful in business, could b
up and down the economy. the question really is joe biden to normal folks, who do you trust going forward and who is going to get you out of this? you may make fun of him but he comes out as a fighter. ashley: maybe stick to take other people's speeches, referencing when he plagiarized the uk labor leader speech back in '87. >> i remember that, actually. a problem with him now, my question, talk about how hard-pressed the middle class is now, he is right to say that, usually don't you...
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where are they really talking about the economy it's not the economy stupid as they once said it's war and that's all they're talking about and that's an interesting point in terms of the economy what we've heard this conversation turned into is tax is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the consequences of what you essentially call it papering over of which. been a collapse after the panic of zero eight with fed policy and with stimulus and bailouts. well you're seeing it already with bernanke eased record low interest rates and saying that they're not going to go up there doing is they are flooding the economy with more cheap money and devaluing the dollar you know that i guess walking about gold sack how long now and what's gold you know it's it's seventeen seventy seven as we speak and here's our forecast by the way is gold closes out this week at over seventeen hundred and eigh
where are they really talking about the economy it's not the economy stupid as they once said it's war and that's all they're talking about and that's an interesting point in terms of the economy what we've heard this conversation turned into is tax is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the...
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Sep 26, 2012
09/12
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it is a challenging time for the world economy as a whole. there was never going to be an economic transformation overnights. a far from being successful, open market-based economies, many of these countries were be set by the vested interests, corruption, and unaccountable institutions. and this created a double problem. and not just a fragile economies, but worse, people who were told they had experienced free enterprise and open markets when they had experienced nothing of the sort. we must help these countries on wind of this legacy of corruption, military expenditure they cannot afford, natural resources unfairly exploited, and what they suffered under for too long. while on the subject of stolen assets, we also have a responsibility to help these countries get back the stolen assets that are rightfully theirs, just as we returned and billions of dollars of assets to libya. it is simply not good enough that the egyptian people continue to be denied these assets long after mubarak is gone. today, i am announcing a new british task force t
it is a challenging time for the world economy as a whole. there was never going to be an economic transformation overnights. a far from being successful, open market-based economies, many of these countries were be set by the vested interests, corruption, and unaccountable institutions. and this created a double problem. and not just a fragile economies, but worse, people who were told they had experienced free enterprise and open markets when they had experienced nothing of the sort. we must...
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Sep 26, 2012
09/12
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than the national economy. a lot of people said why is mitt romney talking about debt and deficits? this is just an issue that resonates almost as a psychic. that is one thing to keep it until my. you have the strands that do not always clear in a way that works for you. that is wanting to keep it into my. it is interesting to think about -- when you have this kind of stagnation for much of the country, what does it mean? one thing is if you look at the snap and moment -- in a moment, it is increased dramatically since 2000. same thing for medicaid. limbo clinton gave a speech at the dnc, he was true. -- when bill clinton gave his speech at the dnc, he was s hrewd. when you look at medicaid and who benefits, and it's a lot of white a working-class folks. when you think about how republicans need to talk about it, that the funny thing about mid ryan -- ryan and ryanism. he has until some respects gotten it right. you want to talk about how we care about the safety net. in matters of law to was. a debate dynamics
than the national economy. a lot of people said why is mitt romney talking about debt and deficits? this is just an issue that resonates almost as a psychic. that is one thing to keep it until my. you have the strands that do not always clear in a way that works for you. that is wanting to keep it into my. it is interesting to think about -- when you have this kind of stagnation for much of the country, what does it mean? one thing is if you look at the snap and moment -- in a moment, it is...
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Sep 26, 2012
09/12
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so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing? >> well, we are learning some new information. the president on sunday is going to go to nevada for a couple of nights. and is he going to do some debate prep. john kerry we already knew would be the person who is going to stand in as mitt romney in the mock sessions we are told. they have already had a few of those sessions in washington. now they will be taking it no nevada because it's close to colorado. battleground state. they are trying to lower expectations in the white house by saying look the president hasn't debated since john mccain four
so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing?...
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Sep 30, 2012
09/12
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. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next fourní egypt does not neat it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this week with a stern warning to prevent iran from getting a nuclear bomb. the white house later saying that president obama and the israeli prime minister spoke on the phone and that they were in complete agreement over iran. joining me now, former israeli ambassador to the united nations, dan gillerman. good evening. >> good evening, judge. good to be with you. >> good to have you, ambassador. you just heard the prime minister talk about a red line. is this issue of a red line as real as the prime minister has stated before the united nations? >> it is very, very real. i think one of the problems is that the world or part of th
. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next fourní egypt does not neat it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this...
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Sep 30, 2012
09/12
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. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next four >>> live from america's news headquarters, with the first debate only days away, candidates aren't letting their running mates doing the talking this weekend. vice president biden campaigning in florida blaming the deficit on the previous administration and paul ryan was in ohio. ryan, a hunting enthusist telling jerts governor romney would work to prevent anymore restrictions on hunting and general motors recalling thousands of vehicles sold in warm weather states, gm recalling some 40,000 vehicles. the recall only affects owners living in arizona, california, florida, nevada, texas, and arkansas and oklahoma. now back to "justice". egypt dot it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this week
. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next four >>> live from america's news headquarters, with the first debate only days away, candidates aren't letting their running mates doing the talking this weekend. vice president biden campaigning in florida blaming the deficit on the previous administration and paul ryan was in ohio. ryan, a...
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Sep 28, 2012
09/12
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economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your community and the members of your family that are struggling for good work. if you don't believe me look at the numbers that just came out in the growth of our economy. 1.3% versus russia at 4%, china at 7-8%, we are at 1.3% this is unacceptable. it is not working. i know what it takes to get things working. >> sreenivasan: 200 miles away in virginia beach, president obama acknowledged the economy is still struggling. but he also promised the crowd he'll push for an era of what he called economic patriotism. >> during campaign season you always hear a lot about patriotism. well you know what?
economy is faring. jobless claims filed last week hit the lowest level in two months. but the commer deprtment revised its estimate of second quarter economic growth from 1.7% down to 1.3%. the economic numbers were fodder for republican presidential nominee mitt romney. at a campaign stop in springfield, virginia he said the slow growth was proof that president obama's economic policies have not worked. >> if you don't believe me why look at the price of gas and the jobs in your...
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Sep 26, 2012
09/12
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the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that, is that under the current law there would be a dramatic tightening equal to about 4% of gdp. that's what is, refer to as the fiscal cliff. and that is good. it entails a contraction of 2% of gdp, and that is not good at all, especially if you consider the forecast of growth of the united states is pretty much in the range of 2%. so that is a racing any growth in the united states, would be the consequence of not dealing with the fiscal cliff and not dealing with the debt ceiling, which are both looming threats on the very short-term horizon. and it's not a threa
the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that,...
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Sep 30, 2012
09/12
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. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next of the last four years or next four years we need a brighter future. ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day 50+. >>> live from america's news headquarters i'm harris faulkner. the two presidential candidates letting their running mates do the talking on this saturday. vice president joe biden campaigning in swing state florida blaming the deficit on the previous administration. the republican vice presidential candidate paul ryan in ohio tonight. we showed you you live on fox repor
. >> we can either have a dynamic growing economy that produces opportunity or a stagnant economy that fosters dependency. stick with the failed policies of the last four years or next of the last four years or next four years we need a brighter future. ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. chances are, you're not made of money, so don't overpay for motorcycle...
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Oct 1, 2012
10/12
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CSPAN2
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the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creativity always comings as a surprise to us. you can't plan it. if you get k plan it, you wouldn't need it. >> can p mitt romney use the phrase politically supply side economics. i think he could if he says that he's reviving the reagan administration. the book was quoted more by -- president reagan most quoted author. he quotedded the book regularly throughout the administration. and reagan didn't balance the budget. he had actually during the reagan adminis
the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as...
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Sep 29, 2012
09/12
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CNN
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will have very much effect and so i don't think at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on but then on the same time you say that not very much is being done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high commodity rise in commodity prices and so they claim that the policy of a stereo should bring about the recovery but that it's been derailed by these unfortunate acts shocks but the pol
and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will...
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Sep 26, 2012
09/12
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a temporary aid package can give an economy a boost. it can fund projects that can pay some bills, employs some people for a time, but it cannot sustain an economy for the long term. it cannot pull the whole weight because at some point the money runs out. but an assistance program that helps unleash free enterprise can create enduring prosperity. free enterprise is based on mutual exchange, millions of people buying, trading, building, investing. it has its ups and downs. it is not perfect. it is more reliable and more durable, and ultimately history has shown it is more successful. by the way, perhaps the best example of the good that free enterprise can do is by looking at the example of the developed world itself. my friend arthur at the american enterprise institute has pointed out before 1800 living standards in the west were appalling. a person born in the 18th century lived as his great- great-grandfather had. life was overwhelmed with disease and danger and early death. starting in 1800 the west began two centuries of free ente
a temporary aid package can give an economy a boost. it can fund projects that can pay some bills, employs some people for a time, but it cannot sustain an economy for the long term. it cannot pull the whole weight because at some point the money runs out. but an assistance program that helps unleash free enterprise can create enduring prosperity. free enterprise is based on mutual exchange, millions of people buying, trading, building, investing. it has its ups and downs. it is not perfect. it...
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broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the states. kerry. as the press calls and we'll be back in a minute after we take the small banks out stay with us continue. the mission. critique a should be free. for chargers free. range month free. free. to tide free. download free broadcast quality video for your media projects free media and don hearty. good laboratory to mccurry was able to. building a new. mission to teach creation. this is why you should care only. british. market. find out what's really happening to the global economy with. the global financial headlines. and realized. welcome to the big picture. welcome back
broadening divergences between the different economies. so we have to put the focus on. you know if you can but if it is a situation of did you feel in your area covers the pulpit of greece. that since we will join you. at the beginning of. your era. in terms of if. it was. not feasible in the future oriented way if a company. and huge. divergence is as far as you can only come but it is a skin cell so we have to focus both. consolidation on the improvement of the competitive situation of the...
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Oct 3, 2012
10/12
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a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about the speech of 2007, june of that year? >> i've got to tell you, mitt romney's allies in a desperate attempt to change the subject from a video in which mitt romney wrote off half of the american people, are circulating a video that was covered by the campaign press core at tha corp. and in it the president talks about what happens in inner city communities when people have given up hope. i don't -- bill: do you think this is prom no's fault? >> i certainly think that his allies thought that this would be helpful. i've got to tell you if the romney campaign
a new private survey by adp showing the economy may be slowing. it's reported that businesses added fewer workers last month, 162,000 in september compared to 19,000 in august. that is well below what economists say is needed to rapidly britt unemployment rat bring the unemployment rate down. bill: hours away from the first presidential debate. with me now andrea saul, press secretary for the romney campaign, and ben louisian ben labolt. from the obama campaign. what does the campaign say about...
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cas injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could even increase their spending and therefore
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private...
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Sep 30, 2012
09/12
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economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there is no agreement because they are losing federal dollars of the federal programs that are going away. we will see more unemployment. the defense companies will have to notify workers in the next couple of weeks. how important is this? >> it is a tempory drag in t the economy. i honestly think of l of the things that will not happen is the chance of getting both unds of spending cuts, including the massive defense cuts is slight. i think it will
economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about...
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then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know this picture place is open to tourists unique plants and animals are its top attraction. to be has been exploring the deaths of the world seas for several decades but it's here at more your own island where he has finally found what he'd been looking for . the water here is very clear the visibility is very good and the underwater world here is extremely rich i've been to many diving locations across the planet including the island of bali on top of my list while some go to the cycling region to enjoy the sights others convert the islands nature's riches into a healthy dollar it
then there should be reforms not only economy but also in poverty in a democracy. thank you very much for this interview you're welcome. tucked in between the russian mainland japan and the suckling island is the island of minute on named after french seafarer who discovered it it is described as the pride of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island was part of the boarders own and was completely restricted to visit to know...
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Sep 30, 2012
09/12
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that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal programs that are going away, we're going to see more unemployment. the defense company will have to notify workers in the next couple of weeks. how important is this? >> well, it is a temporary drag on the economy. i honestly think of all the things that will not happen, starting january 1st, that the chances that we're going to get both rounds of spending cuts agree to last august, including massive defense cuts, i think is pretty slight. i think it will be rectified the next few months. it's terrible we have to put these businesse
that's deadly for the economy. getting past that, a plan to bring the deficit down gradually, knowing what taxes are going to be over the next decade would be tremendously positive for the u.s. economy. i wish we'd get there sooner rather than later. >> i cannot agree more. it is infuriating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there's no agreement. you know, because they are losing those federal dollars of those federal...
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Sep 27, 2012
09/12
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>> well, romney has based a lot of his campaign on the economy, and the economy continually shows up to be a major concern, and people aren't satisfied with the economy, and generally that reflects on the incumbent, so that's probably romney's strongest point. and the president, though, i mean, despite the economy the president has continued to poll even or slightly ahead of romney here, so, you know, it's hard to say how it's going to play out. jenna: let's talk a little bit about specific voting groups in florida, one being the jewish vote in florida. we're awaiting the prime minister of israel, netanyahu, to address the u.n. today. the state of israel, certainly, is in the top of the news. how has that affected the jewish vote if at all in the state of florida, and how important is that voting bloc for whoever wins there? >> sure. florida has the largest jewish population of any swing state, jewish voters here are maybe 5% or less of the electorate, but florida's had these historically close elections, so every year there's a big fight over the jewish vote. and jewish voters go ov
>> well, romney has based a lot of his campaign on the economy, and the economy continually shows up to be a major concern, and people aren't satisfied with the economy, and generally that reflects on the incumbent, so that's probably romney's strongest point. and the president, though, i mean, despite the economy the president has continued to poll even or slightly ahead of romney here, so, you know, it's hard to say how it's going to play out. jenna: let's talk a little bit about...
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china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the level of these things higher than ever. don't just focus on the negative aspects of things. there is great resilience in the relationship. >> internal changes in china
china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of...